XAU Trading Outlook (29-09-2010)

Oil &amp Gold (XAU) finally broke above $1300 to fresh all time highs on USD debasement fears. Overall trading with a low of USD$1282 and high of USD $1310 before ending the New York session at USD$1307 an ounce. Oil bucked the market trend losing ground on recovery concerns. WTI Oil Closed -$0.34 at $76.18 a barrel.

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